Page-17 of Current Affairs - December, 2013
RBI relaxes ECB norms for infrastructure firms
The Reserve Bank of India (RBI) relaxed External Commercial Borrowing (ECB) norms for companies raising foreign funds for infrastructure projects. As per the relaxation given by the central bank, firms can now raise funds through the ECB route for their ..
Month: Current Affairs - December, 2013
NASA discovers signs of water in atmosphere five distant planets
NASA scientists have found signs of water in the atmospheres of five distant planets. Though some previous studies have also reported the presence of atmospheric water on a few exoplanets orbiting stars beyond the solar system, but this is the ..
Month: Current Affairs - December, 2013
Category: Science & Technology Current Affairs
Karnataka Assembly passes rigorous ESMA Bill
The Legislative Assembly of Karnataka passed a stringent Essential Services Maintenance Bill (ESMA), 2013 which will render striking work a non-bailable offence and empowers the police to arrest a striking employee without warrant. Why Essential Services Maintenance Bill (ESMA), 2013? ..
Month: Current Affairs - December, 2013
Category: India Nation & States Current Affairs
India to be hub of oil demand growth after 2020: IEA
As per Paris-based International Energy Agency (IEA), India will become the largest single source of global oil demand growth after 2020. Key predictions of IEA published in its World Energy Outlook: The global oil demand is projected to touch 101 ..
Month: Current Affairs - December, 2013
Government disinvest Power Grid Corp further with $1.1 billion FPO
Following its plan to achieve the Rs.40, 000 crore disinvestment target for this fiscal, the government issued Follow-on-Public Offer (FPO) of Power Grid Corporation which was fully subscribed. The sale of 78.70 crore shares valuing $ 1.1 billion, or 17% ..
Month: Current Affairs - December, 2013
Indian diplomat Abhay Kumar writes anthem for SAARC
In a bid to foster regional consciousness and bring member states closer, Kathmandu-based Indian diplomat Abhay Kumar composed an anthem for the South Asian Association for Regional Cooperation (SAARC). SAARC Anthem by Kumar will be translated in Hindi, English, Nepali, Bengali, Pashto, ..
Month: Current Affairs - December, 2013
Category: Awards, Honours & Persons in News
Dabhol – Bangalore gas pipeline launched
Prime Minister Manmohan Singh dedicated to the Nation GAIL India Ltd’s 1,000 km long natural gas pipeline from Dabhol to Bangalore during the inaugural ceremony of the 8th Asia Gas Partnership Summit (AGPS). About Dabhol-Banglore Gas Pipeline: Constructed in a ..
Month: Current Affairs - December, 2013
Category: Places in News Current Affairs
India’s CAD improves to $ 5.2 billion in second quarter
India’s Current Account Deficit (CAD) has improved significantly to $ 5.2 billion (1.2% of GDP) in the second quarter (July-September) of this fiscal mainly due to decrease in gold imports and increase in exports. As per the RBI, the (CAD), ..